Zip 07306 (Jersey City, NJ) Housing

Housing in Jersey City, NJ (zip code 07306) is currently valued at $462,700, which is significantly higher than the national median house value of $338,100. The 1-year appreciation rate for housing in Jersey City is 8.22%, only slightly below the US national rate of 8.27%. This suggests that the housing market in Jersey City is highly desirable and likely to continue to appreciate as demand remains high.

The median home cost in Jersey City (zip 07306) is $462,700. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Jersey City (zip 07306) is up 10.8%.

Average Age of Homes

- The median age of Jersey City (zip 07306) real estate is 78 years old

The Rental Market in Jersey City (zip 07306)

- Renters make up 69.4% of the Jersey City (zip 07306) population
- 4.4% of houses and apartments in Jersey City (zip 07306), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Jersey City, New Jersey	United States
	23,940.0	139,647,020.0
	63	42
	$462,700	$338,100
	10.8%	16.6%
	36.0%	57.0%
	62.6%	101.1%
	$18.08	$10.98
	$7,117	$2,690
	21.3%	57.4%
	8.8%	11.2%
	69.8%	31.4%
Vacant Housing
	4.4%	1.9%
	0.4%	0.4%
	0.0%	0.7%
	0.8%	0.4%
	0.8%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	0.2%	2.4%
	0.8%	2.8%
	0.2%	3.9%
	0.1%	4.5%
	2.7%	11.3%
	4.8%	13.0%
	13.3%	20.1%
	27.0%	13.6%
	16.3%	8.3%
	22.5%	9.7%
	6.4%	3.9%
	1.9%	2.2%
	1.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.8%	13.6%
	5.8%	13.6%
	7.3%	13.6%
	6.2%	13.2%
	9.0%	14.8%
	7.3%	13.6%
	8.4%	10.0%
	6.0%	4.7%
	37.4%	12.2%

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